John E Burge

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221 225 D AvenueCoronado, CA 92118

Multi-Family · 2,900 Sq. ft. | 0.16 Acres
$3,600,000 Active

221 225 D Avenue Overview

Time on Site:
63 days
Visits:
0

We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 square feet and zoned R-3 and classified under Tier 3. Exceptional opportunity that surfaces once in a market cycle — just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path — hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

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221 225 D Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,900
  • Price/Sq.ft. $1,241
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 120700.0
  • Gross Scheduled Income: 121000.0
  • Insurance Expense: 2000.0
  • Net Operating Income: 75000.0
  • New Taxes Expense: 39600.0
  • Operating Expense: 46000.0
  • Trash Expense: 3700.0
  • Water Sewer Expense: 2660.0

Building Information

  • Year Built: 1955

Location/Region

  • County Or Parish: San Diego
  • MLS Area Major: 92118 - Coronado
  • Postal City: CORONADO

Community/Development

  • Community Features: Dog Park,Golf,Park,Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 5361520300
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Probate Listing
  • Zoning: R-3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2900.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Cooling: No
  • Entry Level: 1
  • Entry Location: curb
  • Fireplace: No
  • Heating: No
  • Laundry Features: Common Area
  • Spa: No
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 5.0
  • Parking Total: 5.0

Lot Information

  • Additional Parcels Description: 5361520400
  • Additional Parcels: Yes
  • Lot Features: Level
  • Lot Size Acres: 0.1607
  • Lot Size Area: 7000.0
  • Lot Size Dimensions: 50 x 143' (combined parcels)
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2

Waterfront/View

  • View: No

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

221 225 D Avenue Neighborhood

Community

92118 (CORONADO) Demographics

42
Median Age
2,503
Population Density (per sq. mile)
73%
College Educated
$108,992
Estimated Median Income
4,643
Estimated Total Home Owners
4,029
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

221 225 D Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

221 225 D Avenue Market Data

Based on the last 30 days in this zip code

$3,641,936
Average List Price
$1,702
Average Price per Square Foot
19
Properties Sold
71
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

221 225 D Avenue History

Date Event Value Agent
4/27/2026Source: CRMLS Added to Database
April 27, 2026
4/17/2026Source: CRMLS Added to Database
April 17, 2026
Listing provided courtesy of Ascent Real EstatePenny Nathan- MLS# NDP2604044MLS ProviderContact Information: [email protected] - 619-985-7369
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